Jaybird Company operates in a highly competitive market where the market price for its product is $120 per unit. Jaybird desires a 30 profit per unit. Jayair expects to set 5000 its Additional information is as follows: Variable costs per Unit Fixed Costs (total) Direct materials 5 19 Overhead $ 45,000 Direct labor 2e General and administrative 18,000 Overhead 15 General and administrative 24 To achieve the target cost per unit. Jaybird must reduce total expenses by how much? Mungle Choce $49.500 538 500 550.000 $55.000